4//SEC Filing
FIRST MARBLEHEAD CORP 4
Accession 0000899243-16-015403
CIK 0001262279operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:30 PM ET
Size
14.5 KB
Accession
0000899243-16-015403
Insider Transaction Report
Form 4
Risley John Carter
10% Owner
Transactions
- Sale
Common Stock, par value $0.01
2016-03-03$3.22/sh−42,527$136,937→ 1,768,339 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-04$3.20/sh−8,122$25,990→ 1,760,217 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-07$3.15/sh−20,001$63,003→ 1,740,216 total(indirect: See Footnote)
FP Resources USA Inc.
10% Owner
Transactions
- Sale
Common Stock, par value $0.01
2016-03-03$3.22/sh−42,527$136,937→ 1,768,339 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-04$3.20/sh−8,122$25,990→ 1,760,217 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-07$3.15/sh−20,001$63,003→ 1,740,216 total(indirect: See Footnote)
Lobster Point Properties Ltd
10% Owner
Transactions
- Sale
Common Stock, par value $0.01
2016-03-03$3.22/sh−42,527$136,937→ 1,768,339 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-07$3.15/sh−20,001$63,003→ 1,740,216 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01
2016-03-04$3.20/sh−8,122$25,990→ 1,760,217 total(indirect: See Footnote)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.20 to $3.28, inclusive. The reporting person undertakes to provide to The First Marblehead Corporation, any security holder of The First Marblehead Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
- [F2]This report is filed jointly by John Carter Risley ("Mr. Risley"), FP Resources USA Inc. ("FP Resources") and Lobster Point Properties Limited ("Lobster Point" and collectively with Mr. Risley and FP Resources, the "Reporting Persons"). On December 31, 2015, Mr. Risley transferred the reported securities of the Issuer to FP Resources, which is a wholly owned subsidiary of Lobster Point, which is a wholly owned subsidiary of Mr. Risley, in a transaction exempt pursuant to Section 16a-13.
- [F3](Continued from Footnote 2) None of the Reporting Persons have acquired any securities of the Issuer since FP Resources becoming the nominee holder of the reported securities. The filing of this report by FP Resources and Lobster Point shall not be deemed an admission that FP Resources or Lobster Point is, for purposes of Section 16 of the Securities Act of 1933, as amended, or otherwise, the beneficial owner of any of the equity securities covered by this report. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.18 to $3.26, inclusive. The reporting person undertakes to provide to The First Marblehead Corporation, any security holder of The First Marblehead Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4) to this Form 4.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.15 to $3.20, inclusive. The reporting person undertakes to provide to The First Marblehead Corporation, any security holder of The First Marblehead Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (5) to this Form 4.
Documents
Issuer
FIRST MARBLEHEAD CORP
CIK 0001262279
Entity typeoperating
Related Parties
1- filerCIK 0001262279
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:30 PM ET
- Size
- 14.5 KB